The arraignment of Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), was delayed on Monday after he failed to appear...
ABUJA—NIGERIA risks another economic shut down in the next couple of days, as workers of Seawolf Oilfield Services, yesterday, promised to work with the National Union...
ABUJA-Nigeria’s House of Representatives has rejected a proposal requiring the Central Bank of Nigeria to pay N50bn yearly into the Resolution Cost Fund. The Fund was created...
On Wednesday 15th of October, financial journalists anxiously awaited a statement or announcement from the Asset Management Corporation of Nigeria (AMCON) concerning the sale of Enterprise...
LAGOS-Heritage Bank Limited has completed the payment of N56 billion to acquire Enterprise Bank. Enterprise Bank is one of the three nationalised banks bought by Asset...
Fitch Ratings says in a new special report that Nigerian banks are performing well despite the twin hurdles of tight monetary policy actions and new banking...